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Search Results 0 to 49 of about 109 (some duplicates have been removed)
and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains. you want to get out of some of those names. let's find out how you should be investing 20 days away from the deadline. in today's "closing bell" exchange, carol roth with us, rich peterson from is & p, jonathan corpina from meridian equity partners and our own rick santelli. good to see you all. jonathan, we'll kick this off with you. what's the right strategy going into these negotiations and going into year end? >> running out of time at this point, and as
harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day long. david kudlow and bob pisani and barbara from the street. welcome to all of you. what about coming off the best levels? >> hitting search-week highs. 13,245 is where we ended the night of election and waiting for it to settle out. 13,248, so we are exactly where we were when the elections closed. i think the important thing is as long as there is some indication that they are talking the markets are holding up very well. i think the concern is after a deal happens, i think we'll have it, what will happen after, that and a lot of people are worried now that austerity is coming. that's a negative for stocks
-breaking senate stopping heights. so what do you do? if you are harry reid, lead other telephone democrats in the senate, you try to reform it. and if you're mitch mcconnell, the republican leader who is using it all the time because it is your main kind of power you try to stop reform of it. now there are a couple of plans for changing the fill buster to make it less common or more difficult or even to eradicate it all together. first, there is a lawsuit. a real one. it is in the courts and everything for house democrats and a good governance group called common cause are suing the senate. that court case began this weekend in washington. they argue the filibuster is illegal because it infringes on what they see as a constitutional guarantee of majority rule in congress. the court system has never before entered into the senate's internal role making, and quite frankly, it is unlikely to do so now. but they're trying. the other track is in the senate. majority leader harry reid keeps threatening to change the rules. he says it will happen at the very beginning of the next congress. the ve
for that and that shouldn't change. harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. just to clarify and tellyear. the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27 years, ev
majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press conferences, republicans and democrats traded barbs on the house floor. >> where are the president's spending cuts? the longer the white house slow- walks this process, the closer our economy gets to the fiscal cliff. >> reporter: behind the scenes, progress is being made, but democrats are still arguing they've given ground in previous budget battles. that's one reason they are holding firm on higher taxes now. >> $1.6 trillion in cuts. "where are the cuts?" they are in bills that you, mr. speaker, he voted for. >> reporter: and there were new calls for more tax revenue today. warren buffett, vanguard founder john bo
. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of their committee seats for voting against party leadership in the past. but boehner finds himself in an increasingly weak position. senate minority leader mitch mcconnell refused to take a position on boehner's debt plan today. >> i have no particular observation other than i commend the house leadership for trying to move. the process along and getting to a point where hopefully we can have a real discussion. >> house democrats are cranking up the pressure. t
in the process. now senate democrats want action. they want to change e. senate majority leader harry reid wants three changes to the filibuster. they would make debates public and provide a shorter timeframe for breaking filibusters. these are minor reforms and the filibuster can still be used. republican minority leader mitch mcconnell railed against the changed earlier today. he said they were an effort to marginalize the minority party. harry reid hit right back atd the gentleman from kentucky and referenced this comment senator john mccain made on monday. >> mr. chairman, i again apologized for what seems to have happened and much to my dismay it lends some credence to the argument that we ought not to do business the way that we are doing here in the the united states senate. >> senator john mccain was blaming rand paul of kentucky for holding up amendments on the defense authorization bill. in the process, mccain gave credence to filibuster reform. his comments step all over mitch mcconnell's claim. it's not an effort to marginalize the minority party. with 386 filibusters from republican
"lincoln" rather than fixing the economic problems. any in the of harry reid getting a waiver so senators can bring food to a private we screening of "lincoln" in the auditorium. and the fact that harry reid and other senators are voting on such foolishness and they will not pass a budget and congress voting on the word "lunatic" what the hell is happening to us i shudder to think. >> since when did a movie become so important that we put our budget and taxes on the back buncher so we can pass a motion to allow food in a theater? harry reid wants food in the chamber so they can eat when they fish fish. >> lincoln" wrote owe without food is great, it could teach them something about backbone. that is a very good point, i didn't think of that. >> but not as good as this e-mail of the week. one more time with the animation, please. yes, mail of the week >> relax, ladies there is enough of me to go around here. calm down. calm down. i will get serious e-mails on that, you know. >> anyway, i kid a lot about being a super hero. not really. but, some of you may think i may not but these guys are
reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the same problem republicans are having. romney is gone, but he is still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? gerri: what do you make of that analogy? >> well, that is a football analogy. we'll do that from time to time, but the reality is the speaker of the house is the speaker. the house is the majority republican, and if he is going to advance that way, that is probably in order. senator mcconnell is involved, i'm sure talking with boehner about these issues. he always has been, but you have to have the spokesman, somebody to talk to. the president is absent up here, and i hope he will come to the table. i hope we can avoid it, but a lot of it is going to ultimately be on the president's watch. gerri: i have to tell you, there are other people mia. most of the house is gone on vacation. the senate is spending all this time
you fog and the follicle gods. harry reid on ben nelson's luscious locks. they may refer to the record of that luscious body and find hair envy actually in it. that's the best weirdest new thing in the world. that does it for us tonight. rachel will be back tomorrow with great hair. now it is time for the last word. rachel will be back tomorrow with great hair, as always. up next, "first look." >>> right now on "first look," terror at an. on. shopping mall as a mass gunman opens fire, killing two people. >>> north korea successfully fires a long-range rocket, defying the threat of international sanctions. >>> plus, michigan's right to work, a cosmic close shave and an update for you on that little guy, the ikea monkey in canada. >>> but first, good morning, everyone. i'm lynn berry. and the hustle and bustle of the holiday season took a terrifying turn in portland, oregon, yesterday, when a masked gunman stormed into a busy shopping mall and opened fire, killing two people, injuring another before apparently turning the gun on himself. nbc's kirk gregory has the chilling details. >> re
. as senate majority leader harry reid admitted yesterday. but in an interview with barbara walters, president obama predicted that republicans would eventually give in on taxes. >> the most important thing we can do is make sure the middle class taxes do not go up on january 1st, and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction. are you going to be able to raise taxes, yes or no? >> oh, taxes are going to go up one way or another. >> oh, they are? >> and i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> now, the president went on to say that if republicans can move on taxes, he's prepared to do "some tough things" on the spending side. >>> controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snyder signed the measure yesterday, despite widespread protests by the labor union at the state
with harry reid and speaker john boehner. the executive board message was as you are dealing with tough decisions that have to be made, to make sure that we don't over the fiscal cliff, don't shift the burden downward. we understand that there is a shared sacrifice. we ask for flexibility when it comes to programs that are funded by the federal government and federal monies. we need flex ability to be able to determine what is in the best interest of our state. how we can best serve the population. gerri: the truth is the states only have so much flex ability because you have to meet your budget. the federal government doesn't. but i want to show who is in washington. it was scott walker, gary herbert, mark dayton, jack markell. all the leadership of the governors association. what kind of response did you get? we are not passing anything onto you guys. >> the president was very cordial and respectful to the governors. and we believe that we have a stake in this process, and he felt like we could offer some ideas of ways that we could help with savings and efficiencies and state governm
power structure? majority leader, harry reid. >> they can't decide what they're going to do. we have heard about the infighting going on with the house leadership, boehner is having trouble finding help from his leadership as to what they're to do. >> according to senator reid, the battle is between boehner and congressman kevin mccarthy, eric cantor, and one paul ryan. ho, ho, ho. let's get right to our panel. with me here in washington is msnbc political analyst david corn, and in new york msnbc political analyst professor michael eric dyson. david, can i start with you? the president began with, o come all ye faithful, and now we have speaker boehner singing in the bleak winter. how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying
of drugs has gone down dramatically. >> senate majority leader harry reid floated a rumor yesterday that speaker boehner was having a little trouble controlling members paul ryan, eric cantor and kevin mccarthy. republicans found it so outrageous, it spawned a twitter revolt with the hash tag, harry reid rumors. one of our favorites? jammie foxx to be named secretary of state. sorry, susan. hash tag harry reid rumors. >>> actress and activist ashley judd is polling four points behind senator mitch mcconnell in a hypothetical matchup. mcconnell's approval ratings are the worst of any senator nationally. the poll found judd to be the top choice as a challenger. >>> and the first grandchild for former president bush and first lady laura. they called in to congratulate their daughter. >> fired up. looking forward to it. i'm excited for jenna and henry. i can barely contain the news when i found out so now i can tell all my buddies. >> where do you come down on spoiling grandchildren? to spoil or not to spoil? >> definitely to spoil. no doubt about it. >> kind of like we did our daughte
deal. that's what senator harry reid tells reporters. talks on the fiscal cliff appear to be hitting a wall as democrats and the gop remain stuck on the latest offers from each camp. the gop is stuck on extending bush-era tax breaks for the wealthy, and republicans say the president is failing to reduce government spending. "where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff." "we have been calling on the speaker to bring forth a middle-income tax cut now for a very long time - in fact, since last summer when it passed the united states senate." here's a side-by-side check of where they stand: the president's plan calls for a raising $1.6 trillion in revenue by boosting tax rates on the incomes above $200,000 for individuals and $250,000 for couples. president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small
: agree to raise taxes. >> now. his thing. mitch mcconnell tried to get the senate, harry reid to vote on the president's plan and harry reid said no. democrats are calling it a stunt. this is the president's plan we can raise taxes on rich and you don't have to cut spending and you can do all the things that he wants to do, and they don't want that to come to a vote. there might be something there. i'm thinking that might maybe make him on it and let the chips fall where they make. elections have consequences. at that right now. lou: i think we all agree about consequences. certainly. your thoughts on this? does it look to you right now like we are going to avoid this fiscal cliff? the president, but the brilliant idea? it's interesting how he does this. he initiates an ultimatum and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes, and the polls show that the american people are proud and -- probably going to blend republicans now matter what happens
, and here is more from the majority leader, harry reid. >> we can do things very quickly. this is not something we can do easy as far as bill drafting. until we hear from the republicans there is nothing to draft. we can get things done quickly. it will be extremely difficult to get it done before christmas but it could be done. >>reporter: other democrats are saying we will talk about negotiating the other stuff when republicans agree to increase taxes. republican johnson, a senator from wisconsin, said it is not the end of the world if we go over the fiscal cliff so stop me if you heard this before. >>shepard: and how about "text when done." for breath holding. >> another great reason to have chocolate, as if you needed another. researchers say a chemical in the beans is more effective giving cough relief than codeine in cough syrup. an ingredient in raw chocolate helps give 60 percent of patients cough relief. the doctors say it is not a cure but a bar or two of dark chock hat each day could bring relief. now, doctor, from rainbow, babies and children hospital in cleve
of the kind that harry reid and the president have announced they're not doing. so even if coburn broke his commitment to the people of oklahoma, which he got a elected with a written commitment not to raise taxes at all, his new statement is, he might raise tax as little if he got permanent reform. melissa: do you ffle the tide is turning against you and necessary to give in a little bit to get a deal done or not? >> okay. there is no need to raise taxes to get a deal. obama two years ago extended all the bush tax cuts for two years. there is no reason not to do that again. his reason --. melissa: he will not agree to it though. seems like the only way to get a deal done here is to give an inch much of ground? >> there is no deal if he wants to raise taxes. -phe can veto any, the republicans have already passed through the house making those tax cuts permanent. if the gnat, which hasn't acted, hasn't voted, remember the reason why we have this odd position of some of the weird polling that you're talking about which is different than the traditional polling is that we've had a news blackou
not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that in the sense that it's a promotion. he's going to a big microphone. we will be a national spokesman for free markets, for libertarian conservative principles, for the constitution, heritage has a great 30, 40-year history of being on the right side of these issues. i think jim demint will be a great spokesman for them. >> he said that conservatism has to spread more publicly and that's one reason he's going. he wasn't happy with the 2012 el
'm happy not to filibuster it. i will announce tonight on your show i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants. then they will be the party of high taxes and they can own it. >> all right. without that kind of republican strategic retreat, the december 31st deadline is not likely to be met. in today's jobs report it was positive and it beat the street and stocks went up. how do we move 150,000 jobs per month up to 300,000 which would be a real recovery? first up breaking news out of the supreme court this afternoon, the nation's highest court agreed to take up the explosive issue of same-sex marriage, agreeing to hear challenges to the federal defense of marriage act and california's proposition 8. nbc's pete williams joins us now from washington with all the latest details. good evening, pete. >> reporter: good evening, larry. the vilma case is the easier one. federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those m
senate majority leader harry reid wants to make the filibuster a, shall we say, less attractive option. s one idea is to end the silent filibuster and bring back the old talky one, which requires filibustering senators to actually speak from the floor of the senate, sometimes for an entire day or longer. >> i'm going to walk off the floor in five minutes or maybe i could stay another hour or another two hours, but if i haven't been able too reach you after 14 or 15 or whatever it is hours and if i haven't been able to instill in you and senator moynihan some sense of, my gosh, all we want to do is to have the laws applied, and if you don't give a darn about that, then don't come down here, but don't whine and moan with factories and jobs leaving this place. >> al demato, former new york senator spoke for 15 hours and 14 minutes making it the second longest filibuster speech in history. d'amato also clocked in at 23 hours and 30 minutes, the second longest filibuster. the record for the longest goes to south carolina's strom thurmond who spoke for 24 hours and 18 minutes. like everything i
. harry reidy thidthld boxer - - >> yeah harry reid boxed him into this. it's hysterical. >> stephanie: what is the boxing thing -- >> rope a dope. >> stephanie: yes, exactly. where is my story on this -- talk amongst yourselves. >> oh, okay. >> stephanie: he thought he was being so smart. i'm moving slowly -- >> look out, here it comes. >> do you need me to print it? >> stephanie: no i got it. >> oh no. what am i going to do now. >> stephanie: it was further down in the stack than i had anticipated. [♪ "world news tonight" theme ♪] >> stephanie: yes, he filibustered his own bill to lift the debt ceiling. instead they called his bluff and he ended up filibustering his own bill. ♪ you are an idiot ♪ >> stephanie: the legislation would permit the president to unilaterally lift the debt ceiling, and never before in our history has someone taken the debt ceiling hostage as something to negotiate over. >> right. >> stephanie: mcconnell brought up the legislation, harry reid objected, and then reid ran it by his members and in the afternoon agrees to hold the same
to harry reid urging a delay that the medical device industry has given little guidance. obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining me now the "a team" special assistant to the george bush ron christie, and pulitzer prize winning journalist never an assistant to george w. bush of love and president morsi says the rescinded his powers to arrested a civilian industry? >> good news tonight. he knowledge he had to make a concession that doesn't matter in the long run. it is all about the referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e giving support do you agree things are better than six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day you are the political expert , to go into michigan that frustrates the president they just sold a123
majority leader harry reid had to cancel a 5:30 p.m. vote because of fog. many lawmaker's flights were canceled because of the weather here in d.c. votes don't often get canceled because of weather. it happened during last summer's storm and then during the snowmageddon of 2010. >> bill: the senate could not work because of fog. >> irony is rich. >> bill: ben, i have to ask you. there's so much speculation about sunday's meeting at the white house. president obama and john boehner, mano y mano, eric cantor wasn't there nobody else in the room with him. and what does it mean, if anything? >> i think it means that they're at least talking and neither of them came out afterwards and said, you know, we're -- there's no chance for a deal. i think the less we hear in terms of a deal being made, the better. the fewer the leaks the fewer the complaints. the more the likelihood we get a fiscal cliff agreement at some point. there's still obviously the chance we go off the cliff. i think that's pretty unlikely to come t
the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obama says it's a big move. >> the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people. >> the president also told abc's barbara walters that with that recognition comes responsibility. clarissa ward has more on the opposition now from london. >> reporter: this is the man chosen to lead a newly formed coalition of syria's opposition groups. >> what does it mean to be recognized by the u.s.? the u.s. administration has big influence globally he told us. a step like that would pull the rug from under the regime on all levels, politi
now that the senate under harry reid has become a paralyzed nightmare. there is not a lot of influence you can really wield there. there is not a lot of things you can get done the composition of the senate may very well change after the 2014 but for the time-being it has to be frustrating for somebody like demint. he can have lot more interesting and effective influence on the outside with heritage. jon: what about tim scott taking his place? he is probably the favorite at this point. a black conservative in the senate. >> right. jon: what would that do oar four balance of power? >> i don't think it is making a difference, in the sense a conservative replacing another conserve. part of the reason senate is paralyzed is the senator demint is the king of filibuster. >> wait a minute. democrats have a big majority. they have a majority period but they had huge filibuster-proof majority first two years. >> they had a filibuster-proof majority, 27 days the senate was in significance. rest of the time they didn't have 60 votes you need to get rid of the filibuster. jim demint is more danger
reid is right there is no quaterback? >> so harry reid gives him a bone and says hold on.as puttine democrats on record they want to give this bump. these people are out-of-control. >>gregg: i watched the president's interview this week, i believe it was on tuesday, he said he is happy to look at ways to strengthen social security. he would be open to the idea of doing something about medicaid and medicare. this is the biggest driver, right? >> the president is indicating trial balloon, that he is willing to take on entitlements in some way. the real question to the republicans, then, and it could be signaled by speaker boehner going to the white house, will they cave operates for the wealthy and go up to 37 percent or 38 percent and allow the president to put entitlements on the board. >> anything less than 39 speaker boehner will call a victory. the republicans lost the election so they have to give in on taxes. >>gregg: 250,000 is not rich. up it to half a million. >> we still have coming in february or man unless they do a big deal, we have a new debt ceiling. >> in the middle o
the votes for the legislation. harry reid called his bluff and objected to putting the bill up for a vote, but after discussing it with his democratic members he got the support he needed and had a change of heart. claire mccaskill was priding when mcconnell objected to voting on the bill. >> is there an objection to the original request? >> objection is heard. i got whiplash. >> very strange. >> dick durbin reacted to mcconnell's move moments later. >> so this may be a moment in senate history when a senator made a proposal and when given an opportunity for a vote, filibustered his own proposal. i think we have now reached a new spot in the history of the senate we have never seen before. >> let's turn to bernie sanders. i'm laughing at it too, senator. this just goes to show either winging it big time. they don't have a plan other than to get in the way. what's your response to what unfolded on the floor and what we can look forward to in the future? >> i think dick durbin was right. in a time of dysfunctionality, this probably takes the cake when you filibuster your own probably. but t
Search Results 0 to 49 of about 109 (some duplicates have been removed)